Server Storage Area Network Market Trends 2025–2029: Forecasts for Key Growth Segments
Unlock Global Insights – Save 20% on Market Reports with Code ONLINE20
What Is The Anticipated Size Of The Server Storage Area Network Market Over The Five-Year Period 2025–2029?
The server storage area network market has experienced significant expansion in recent years. Its size is anticipated to grow from $22.38 billion in 2024 to $23.89 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%. This historical growth can be attributed to factors such as the surging data explosion, the prevalence of virtualization, the uptake of cloud computing, an emphasis on cost reduction, and heightened performance demands.
The server storage area network market size is anticipated to experience significant growth over the next few years. It is projected to expand to $30.94 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 6.7%. This expansion during the forecast period is driven by factors such as increasing data volumes, escalating digital transformation initiatives, the proliferation of big data and analytics, and a heightened interest in the Internet of Things. Furthermore, major trends in the upcoming period are set to include a growing demand for hyper-converged infrastructure, the expansion of edge computing, a notable shift towards software-defined storage, the rise of artificial intelligence and machine learning workloads, and continuous advancements in data security.
Unlock Your Free Sample Report for Exclusive Market Data:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16186&type=smp
What Are The Drivers Pushing New Developments In The Server Storage Area Network Market?
The expanding integration of Internet of Things (IoT) devices is anticipated to fuel the server storage area network market’s expansion. Internet of Things (IoT) devices are physical objects embedded with sensors, software, and other technologies that enable them to connect and exchange data with other devices and systems over the Internet or other communication networks. Their increasing adoption stems from their capacity to improve efficiency, automation, and data-driven decision-making in various industries and everyday life. Within a server storage area network (SAN), these devices enhance the monitoring, management, and optimization of storage resources via real-time data collection and analysis. For instance, in September 2023, a report from Ericsson indicated that global IoT connections reached 15.7 billion in 2023 and are forecast to grow to 38.9 billion by 2029. Consequently, the rising penetration of Internet of Things (IoT) devices is driving the growth of the server storage area network market.
What Are The Emerging Segments Gaining Attention In The Server Storage Area Network Market?
The server storage area networkmarket covered in this report is segmented –
1) By Type: Hyperscale Server Storage Area Network, Enterprise Server Storage Area Network
2) By Services: Professional, Managed
3) By Application: Small Enterprise, Medium-Sized Enterprise, Large Enterprise
4) By Industry Vertical: Information Technology (IT) And Telecommunication, Banking, Financial Services, And Insurance (BFSI), Manufacturing, Mobile And Entertainment, Government And Defense, Healthcare And Life Sciences
Subsegments:
1) By Hyperscale Server Storage Area Network: Cloud-Based Hyperscale San Solutions, Big Data And Analytics Hyperscale San, Hyper-Converged Infrastructure (Hci) San, Distributed Hyperscale San Architectures, Software-Defined Hyperscale San Solutions
2) By Enterprise Server Storage Area Network: Fibre Channel San, Iscsi San, Fibre Channel Over Ethernet (Fcoe) San, Virtualized Enterprise San, Hybrid Storage San (Combination Of Ssds And Hdds), Traditional San (Storage Arrays And Network Switches)
What Are The Major Trends Driving The Growth Of The Server Storage Area Network Market?
Leading companies in the server storage area network market are prioritizing artificial intelligence (AI) technologies to gain a competitive advantage. An enterprise storage server (ESS) designed for AI typically includes advanced features and capabilities to support the demanding requirements of AI workloads, which often involve extensive data processing, model training, and inference tasks. For example, in August 2022, the International Business Machines Corporation, a US-based technology corporation, introduced the Enterprise Storage Server (ESS) 3500. The Enterprise Storage Server (ESS) 3500 is a spectrum-scale ESS specifically optimized for artificial intelligence (AI) workloads. This system offers rapid storage for artificial intelligence (AI) in modeling and training by incorporating multiple storage types with a faster controller CPU, achieving sequential read speeds of up to 91 GB/sec.
Which Leading Players Are Enhancing Their Server Storage Area Network Market Presence Worldwide?
Major companies operating in the server storage area network market are Dell Inc., Huawei Technologies Co. Ltd., Lenovo Group Limited, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Broadcom Inc., Hewlett Packard Enterprise (HPE), Fujitsu Limited, Western Digital, Seagate Technology, NetApp Inc., Hitachi Vantara, Pure Storage, Kaminario, Quantum Corporation, Promise Technology, DataCore Software, Infortrend Technology, StarWind Softwarea, X-IO Technologies
Download The Full Report For Exclusive Market Findings:
https://www.thebusinessresearchcompany.com/report/server-storage-area-network-global-market-report
Which Region Is Expected To Witness The Fastest Growth In The Server Storage Area Network Market?
North America was the largest region in the server storage area network market in 2024. The regions covered in the server storage area network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request A Customized Version Of The Server Storage Area Network Market Report:
https://www.thebusinessresearchcompany.com/customise?id=16186&type=smp
Browse Through More Reports Similar to the Global Server Storage Area Network Market 2025, By The Business Research Company
Network As A Service Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/network-as-a-service-global-market-report
Healthcare Provider Network Management Global Market Report 2025
Network Forensics Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/network-forensics-global-market-report
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
